CSC Real Estate Drops $70M on Upper East Side Medical Office Portfolio
CSC Real Estate paid $70M for three Upper East Side properties — including a 127,000 sq ft medical office at 210 East 86th St — from Perlbinder Realty.
36 stories on manhattan in commercial real estate.
CSC Real Estate paid $70M for three Upper East Side properties — including a 127,000 sq ft medical office at 210 East 86th St — from Perlbinder Realty.

Kaufman Organization is under contract to buy Savanna's two-building Madison Square Collection at West 25th Street in Manhattan for approximately $125 million.
Emerald Creek Capital sold 139 Bowery in Manhattan for $36 million to 139 Bowery Holdings, weeks after acquiring it via a $49.5M bankruptcy deal.

Olmstead Properties and Vertex acquired 19 West 44th Street from Savanna for $108M, a 45% discount from Savanna's 2017 purchase price of $195M.
Targo Capital Partners paid $30.8M for 31 apartments at 185 East Houston Street, part of an $81M, 7-building Lower East Side portfolio from S&H Equities.

SoJo Spa Club owner Eun Rae Jo and partner Hyun Jun An acquired 893 Broadway in Manhattan's Flatiron District for $31 million from RCLCO Fund Advisors and L3 Capital.

Derby Copeland Capital provided a $54M refinancing on 660 Lexington Avenue, brokered by Meridian Capital Group for borrowers Rybak Development and BK Developers.

S3 Capital provided a $131.5M construction loan to Edge Property Group for a 276-unit, 28-story student housing tower at 465 W. 165th St. in Washington Heights.

Manhattan office leasing hit 4.24M SF in May 2026, a 17.3% monthly jump that exceeded the 10-year average of 2.79M SF by more than 50%, per Colliers data.

Soloviev Group's 9 West 57th Street hit $340 per square foot, setting a Manhattan office record and crossing the long-anticipated $300 PSF threshold.
AV Management acquired a mixed-use property at 73-75 Sullivan Street in Manhattan's SoHo for $43.33 million in an off-market deal.

Hudson Square posted a 19.4% office availability rate in Q1 2026 — the third-highest in Manhattan — drawing tenants priced out of tighter Midtown South submarkets.